This paper builds a model of growth through industrialization, as machines replace workers in a growing number of tasks … unboundedly. The mechanism that drives growth is the feedback between industrialization and wages. High wages are incentives to … use machines and industrialize, while industrialization raises wages. The model shows that industrialization and growth …

This paper examines the economic rationale for concern about the falling rate of growth of Europe's population. It also … assembles demographic and economic time-series data for the countries of Eastern and Western Europe during the postwar period …

The paper comprises a thorough survey of the literature on growth in Western Europe since 1950. This experience is put …

and densely populated low-wage economy which grew along a lower path. Contrary to preindustrial Western Europe, Spain …

to account for in existing models of industrialization. By construction, closed-economy models that stress the role of …

industrialization. Consequently, it diverted massive amounts of agricultural resources to industry and imposed excessive grain …